James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...

President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing ...

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing even modest reforms to the entitlement program represents a likely path to ear ...

America’s leaders have latched onto the idea that they can address some big problems — most notably a gaping budget deficit — ...